Announced
Completed
Synopsis
August Equity, a private equity firm, completed the acquisition of Tri.x, an online adult and children’s social care procedures solutions provider. Financial terms were not disclosed. “We are delighted to have invested in OneTouch and tri.x, bringing together two unique and valuable businesses in the care sector, at a time when digitisation and technology is at the forefront of care delivery. At August, we have a long history of investing in social care businesses and understand the challenges faced by the sector and the benefit that a truly end-to-end care management platform and compliance platform can bring to care providers. We look forward to working with Dermot, Sati and the team to continue the strong growth of the business to date,” Christian Dubé and Katie Beckingham, August Equity Directors.
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